Business
Hammer Group Announces Strategic Restructuring and Fintech Expansion
New Initiatives Include the Launch of the HammerPay Remittance Platform and the Upcoming HammerPay Global Payments Service for Seamless Cross-Border SettlementsSarasota, Florida--(Newsfile Corp. - February 25, 2025) - Hammer Technologies Holdings Corp. (OTC: HMMR) ("Hammer Group") is pleased to announce a series of strategic initiatives aimed at reinforcing its operational framework and accelerating growth in its fintech and digital banking segments. As part of its ongoing transformation, the co
About this update from Hammer Technology Holdings Corp.
New Initiatives Include the Launch of the HammerPay Remittance Platform and the Upcoming HammerPay Global Payments Service for Seamless Cross-Border Settlements Sarasota, Florida--(Newsfile Corp. - February 25, 2025) - Hammer Technologies Holdings Corp. (OTC: HMMR) ("Hammer Group") is pleased to announce a series of strategic initiatives aimed at reinforcing its operational framework and accelerating growth in its fintech and digital banking segments. As part of its ongoing transformation, the company has introduced innovative financial services designed to deliver enhanced value, security, and efficiency for both merchants and customers globally. Key Highlights Include: Revolutionary Remittance Platform:Hammer Group's state-of-the-art prepaid card remittance platform—HammerPay—is now live and can be located at https://hammerprepay.com/app/install. Designed as a prepaid digital merchant card, the HammerPay card guarantees that funds are spent as intended, ensuring that senders can reliably support their loved ones while merchants receive funds instantly. This breakthrough addresses common challenges associated with traditional cash remittances. Aggressive On-Going Merchant Onboarding in Africa:In support of the HammerPay remittance solution, the company has secured strategic partnerships with leading merchants including City Builders, BuildEx, Banjoo Superstore, Electro World, Digital World, Strong FM, Five Sense, Bella Casa Hotel, A Plus Stores, and Champ Printing House with many more to follow. These partnerships enable recipients to purchase essential items—from building materials and digital educational resources to groceries and clothing—with plans to soon include utilities, mobile phone top-up and fuel services."Our success in forging these partnerships is a testament to the dedicated efforts of our African team," said Vaanii Baker, Chief Executive of HammerPay Africa Ventures. "The results achieved so far underscore our commitment to driving financial inclusion and supporting local communities, and we are only just getting started." Upcoming HammerPay Global Payments Service: https://hammerglobalpay.com/ The Hammer Group is finalizing HammerPay Global Payments, a robust platform that will facilitate secure cross-border payment settlements worldwide. This service enables international merchants as well as the diaspo...
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